LA OPALA RG
|
The Current P/E Ratio of LA OPALA RG is 30.30.
Share Price | ₹315.4 | Nov 22,2024 |
Market Cap | ₹3,500.4 Cr | |
Earnings-TTM | ₹115.5 Cr | TTM-Standalone Results |
Price/Earnings | 30.30x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of LA OPALA RG
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,500.4 Cr] as on Nov 22,2024
(/) Earnings [ ₹115.5 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 30.30x ]
Thus, for LA OPALA RG , the investors are currently willing to pay 30.30 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of LA OPALA RG !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of LA OPALA RG over the last five years.
Historical PE (Price/Earnings) ratio chart of LA OPALA RG
PE Ratio Performance Analysis for LA OPALA RG
- LA OPALA RG 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 33.95x.
- LA OPALA RG 's operated at median p/e ratio of 30.66x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LA OPALA RG 's p/e ratio peaked in Mar2021 at 49.62x.
- LA OPALA RG 's p/e ratio hit its five-year low in Mar2020 of 19.67x.
How does LA OPALA RG 's P/E Ratio benchmark against top 10 peers in Glass Industry?
Peer Comparison (Glass Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
LA OPALA RG | 115.54 | 30.30 | 3,500.4 |
ASAHI INDIA GLASS LTD | 305.99 | 51.21 | 15,670.8 |
BOROSIL RENEWABLES LTD | -96.63 | -57.92 | 5,597.5 |
HALDYN GLASS LTD | 18.87 | 44.15 | 832.9 |
EMPIRE INDUSTRIES LTD | 42.32 | 14.09 | 596.1 |
SEJAL GLASS LTD | 5.33 | 101.08 | 538.3 |
HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD | 69.95 | 2.96 | 206.9 |
Glass Industry Benchmark (Top 10) PE Analysis vs LA OPALA RG 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -57.92x |
Max industry PE | 101.08x |
Median industry PE | 30.30x |
Average industry PE | 26.55x |
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